Our industry‐leading cloud solutions—rated “Visionary” by Gartner for strategic sourcing applications—give you an uninterrupted flow of information throughout the entire sourcing process. Seamless integration between sourcing, supplier information and analytics empowers you to achieve best value. Totally configurable and scalable, easy to implement and simple to use for rapid adoption. Do more than just run sourcing events: go deeper and convert your activities into actionable decisions. With a solution that rapidly pays for itself.
Source: Deloitte Global CPO Survey 2016
Project management requires unparalleled visibility. By linking everything from planning to execution, you can see (and control) all stages of a project. You don’t just check on timelines, you own them, with advanced sourcing tools for assessing project status and meeting dates.
When you can see the whole process, you’re in total control. By integrating eSourcing efforts as part of wider strategic sourcing efforts that include spend analysis, supplier management and contract management, you ensure total productivity.
RFx is all about outcomes: drive sourcing efficiencies, supplier optimization and negotiated cost savings. Better outcomes require better inputs. We make it easy, with preconfigured best-in-class sourcing templates that integrate with supplier profiles.
You can easily create RFx events by type (RFI, RFP, RFQ), streamlining RFx-to-award cycles and improving efficiencies in managing supplier events and supplier awards. The outcome? Best-value agreements, every time.
"66% of all procurement leaders believe that gaining earlier engagement on sourcing projects is the single largest opportunity to unlock more procurement value in the future."
Auctions are RFx on steroids—eAuctions put the negotiation into the hands of the suppliers and and give you immediate market information at your fingertips in a matter of hours or minutes. To make your competitive sourcing toolbox as robust as possible, leverage sealed bids, Dutch and English auctions, and forward and reverse auctions.
By creating auctions from scratch, or turning your RFPs into auctions, you can drive competitive and open pricing scenarios to identify more savings from suppliers. Real-time competitive bidding assessment makes it easy to compare and achieve direct cost reductions.
You want to reduce spend, but in the most optimized way possible (think supplier relationships and other criteria). That’s why our advanced bid analysis tools take you deeper into supplier responses.
You can analyze bids against constraints and build multiple scenarios, generating more informed insights. Comparing contract awards against select criteria lets you optimize price while spreading risk for various events.
"Determine has provided greater transparency within the procurement process. With the eSourcing team often being the only point of contact during the online phase of sourcing projects, Determine’s sourcing technology creates a fair and equal process, consistency of message, project policy flow, and ensures all suppliers have access to the same information."
Looking for the big picture of your sourcing team’s productivity? Get an understanding of how many projects are created annually, know projects by category or project count. Having a sourcing dashboard with the critical information makes it easy to identify opportunity to improve sourcing team efficiencies and areas for opportunity.
Determine Sourcing is just one of the many solutions running on Determine’s integrated Source-to-Pay platform. By adding more applications, you’ll achieve comprehensive capabilities—and a seamless user experience.
Contact us at 1.877.806.1932 or schedule a live demo today.